Saw Pipes net vaults 150% - Views on News from Equitymaster

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Saw Pipes net vaults 150%

Oct 26, 1999

Saw Pipes posted 150% rise in net profit to Rs 50 m. This is even more significant given the fact that sales fell 42.5% to Rs 410 m. This can be attributed to 55% decline in expenditure and 19.9% fall in interest cost.

(Rs m) 2QFY2000 2QFY1999 Change
Net Sales 410 714 -42.5%
Other Income 11 20 -47.9%
Expenditure 270 601 -55.0%
Interest 70 88 -19.9%
Depreciation 30 25 17.6%
Profit before Tax 50 20 149.8%
Tax - -  
Profit after Tax 50 20 149.6%
Net profit margin 12.3% 2.8%  

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